Reilly takes charge of Sompo Asia Pacific

Japanese and international insurance group Sompo has announced leadership changes designed to support further growth of its insurance business in the Asia-Pacific region.

Kenneth Reilly is appointed as CEO of insurance in the Asia-Pacific region for Bermuda-based Sompo International Holdings, subject to appropriate regulatory and immigration approvals. He will also retain his current role as head of the group’s Tokyo office.

Reilly will continue to report to James Shea, CEO and executive chairman for Sompo. The appointment is effective from the beginning of April.

Reilly succeeds Daniel Neo, who has announced his desire to retire. Neo will remain with Sompo until the end of the year as senior strategic advisor to assist with the transition.

Shea said: “As we invest and further develop our business across the Asia-Pacific region, it is fundamental to build our team to support our plans for continued growth. With more than 25 years of international experience, covering both commercial and consumer insurance, including time spent in the region, Ken is perfectly placed to oversee and execute our strategic plans in this important region for our insurance business. Having been a pivotal leader in our Tokyo office for almost two years, Ken has demonstrated a commitment to promoting best practices and reinforcing strategic alignment between Sompo and the other Sompo Group insurance companies.”